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Marine cargo premium income growth falls to 3%
Low economic activity and unwillingness by insurers to underwrite loss-making portfolios led to a fall in business for segments such as marine cargo and health.

Sebi cracks whip on incomplete MF documentation
In a move to make the mutual fund (MF) industry more transparent, the Securities and Exchange Board of India (Sebi) today asked asset management companies (AMCs) to stop paying commissions to intermediaries, including banks and other distributors, who did not keep proper documents of their clients.

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M J Antony: Quick-fix solution
M J Antony / New Delhi November 4, 2009, 0:59 IST
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Japanese PM meets Tata, Mukesh Ambani

Visiting Japanese Prime Minister Yukio Hatoyama today met top Indian industry leaders, including Reliance Industries chairman Mukesh Ambani and Tata Group chairman Ratan Tata, here. - Japanese PM for association with Maha in education sector - Japan to charge Delhi-Mumbai rail freight corridor - "Passport Seva Project" to be rolled out in January - Political will needed for increasing Indo-Pak trade: Kaur - Japan wants India to restate N-trade vows - Better days ahead for MSME sector: industry surveys During the meeting, the Japanese premier is understood to have discussed a host of issues, primarily the bilateral trade relations between India and Japan, a CII spokesperson told PTI. "The discussions were primarily on how to improve trade between India and Japan," the spokesperson said. Over 20 top Indian industrialists, including Bajaj group"s chief Rahul Bajaj, Maruti Suzuki Chairman R C Bhargava, Godrej group head Adi Godrej, Godrej & Boyce Chairman and MD Jamshyd N Godrej attended the meeting. Hatoyama yesterday paid homage to the victims of the 26/11 terror attacks at Hotel Taj and Trident, the two luxury hotels which were targeted last year by terrorists, here. The 62-year-old Japanese leader, who is accompanied by his wife Miyuki Hatoyama and a high-level delegation, was received at the Raj Bhavan by Governor S C Jamir at a reception dinner. After the meeting with industrialists, Hatoyama will head to New Delhi, where he would hold delegation level talks with Prime Minister Manmohan Singh.


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